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20121227
20121227
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with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth. something unpleasant but -- and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is all about intertemporal recycling. b
, then distribution, then production. in conjunction with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth, and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary for it to work. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is a
of years as opposed to decades or centuries, because that's what the capitalists and did through technology and innovation, the moment you start doing that, like having a machine that prints money, so you want to use more faster and more intensely, producing more money. if you overreach and take too much value from the future to bring it into the present, you too. the sectors in which this dynamic annapolis process is manchin to push the boundaries of technology and create wealth -- in amsterdam and holland the with-it is always local lines. there will always be surplus riches. regis and surplus regions. southern england was in debt. now is the obvious. similarly, you have new york state in surplus, washington state inertification plus. it started in manchester, in amsterdam. it is always localized. there will always be defecit regions and surplus regions. so, manchester northern england was in surplus back then. southern england was in debt. now it is the opposite. similarly, you have new york state in surplus, washington state in surplus. illinois, the dakotas in debt. missouri is your eq
to support a growing population. we have not develop the technologies to solve those problems. here at home we have a very high unemployment rate. and of course, we have a generation of aging baby boomers, like myself, who are wondering how we are going to support ourselves and our retirement. these are all big problems. my thesis is that we will get much further toward solving them if we can engage the power of the private sector to contribute to peace and prosperity. i tell people, i love corporations. i study them the way jane goodall studies chimpanzees. and i appreciate their potential to help solve their as problems -- to help solve those problems, to provide jobs to people who need to make a living, and provide decent investment returns. to come up with the technologies that can help us have a more sustainable future where we are in harmony with the environment and the planet. a lot of corporations are doing those things, but not as well as corporations could. corporations could contribute still more toward human welfare and avoid doing damage in some areas where they do, if only we
of the technological and productivity innovations of dp. >> and raising their price target, domino's pizza continues its nice run that stock up more than 1%. back to you, simon. >>> meanwhile, of course a major storm hitting the east coast and affecting travel across the region. we will update own the storm's latest track after the break. >>> and still ahead hurricane the dollar has had a phenomenal run against the yen over the last three months. cot fiscal cliff derail the green back's rally? we are back in two. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their fam
forces coming through to the forefront that you need not just to have your technology side, you need to have your presentation side, you need your customer side. i think this is a market that if you make the right choices could very well flourish in all parts of the world. >> how are you dealing with the price war in france between telecom operators. how is it affecting your business? >> let me take the european perspective. i don't think it's a french problem. i sincerely think if you look to why it is that the u.s. is so ahead in that generation, it's because of the business environment. the business environment. what are you allowed to do? because this is a regulated business. and what is the macroeconomic environment? macro, you can do nothing about. if you look at what they're allowed to do, i'm afraid that we still have a very unfortunate situation in europe, we have 28 regulators. we have regulation that is based only on basically low pricing and if you compare with the fcc and the u.s., it also has to look to innovation and new investments. that is not the case in europe. you
Search Results 0 to 5 of about 6